Technician Louise Yamada: Time To Be Cautious Until Uncertainties Are Resolved
Also, Ryan Puplava with the Market Wrap-up, Erik Townsend on commodities and Rob Bernard with the Fixed Income Report
Jim welcomes renowned technician Louise Yamada this week from New York City. Louise advises caution until the significant macro issues (presidential election and fiscal cliff) are resolved and there is more clarity looking out to 2013. Also in this segment, Ryan Puplava has the Market Wrap-up in this last week before the election, Erik Townsend discusses the commodities markets, and Rob Bernard has the Fixed Income Report.
Ryan Puplava joined PFS Group in 1995. He is Senior Trading Manager and works closely with Jim Puplava on PFS Group's Growth investment objective. He also contributes a monthly Market Observation to Financial Sense and co-authors In the Know—a weekly communication for Jim Puplava's clients only—with other members of the trading staff.
Louise is Managing Director of Louise Yamada Technical Research Advisors (LYA) founded in October 2005. Louise has been a perennial leader in the Institutional Investor poll, and was the top-ranked market technician in 2001, 2002, 2003 and 2004 prior to her departure from Citigroup.
Erik Townsend is a Private Investor based in Hong Kong. He was a successful American technologist and entrepreneur in the 1990s technology boom, and retired from the software industry in 1998 after selling a company that he founded in 1991. After a short hiatus to pursue personal interests, he re-invented himself as a full-time private investor with a macroeconomic investing strategy.
Rob joined PFS Group in 2011 as an independent broker. With over 30 years of experience in the investment management industry, Mr. Bernard's expertise includes: Income strategies, diversification strategies, specialized high-level corporate executive strategies, particularly with SEC Rule 144-related services, long-term care insurance and variable annuities.